What EY-Parthenon energy and resources strategy consulting teams can do for you
EY-Parthenon energy and resources strategy consulting teams are dedicated to helping today’s energy companies maximize value as the world transitions from yesterday’s carbon-rich business model to a sustainable energy future. With all the consumer demands, new technologies and geopolitical unrest, company leaders are exploring where the risks and new opportunities are. Many are asking what the best strategy is to successfully create a winning position in their market. EY-Parthenon energy strategists can help find these answers, and then help realize them.
The current energy transition is one of worldwide urgency, opportunity and challenge. The increasing penetration of renewable energy into the energy supply mix, the onset of electrification and improvements in energy storage, are all key drivers of the energy transition. Regulation and commitment to decarbonization is an increasing government priority, but the energy transition will continue to increase in importance as investors prioritize environmental, social and governance (ESG) factors.
Vast opportunities are abound. But challenges must be met to achieve gains. Policymakers, investors and companies are facing tough decisions as they try to meet the demand for reliable and affordable energy while keeping sight of climate goals. Geopolitical uncertainty is adding a layer of complexity, lifting energy security (e.g. energy supply) to the top of the business agenda. New technology must be developed to address hard-to-electrify areas and/or offset emissions. Consumers are becoming more demanding with changing needs and higher expectations. Electric vehicle adoption will create demand for new fuel opportunities, a replacement market, second-life batteries and more. Integrating renewables will require digitization of the networks at the lowest possible price point.
So how do mining and metals, oil and gas, and power and utility companies reshape their businesses for the future, while also dealing with temporary and/or long-term stressors such as new technology requirements, increasing digitization needs, geopolitics and the need for short-term gains today? EY-Parthenon energy strategists are here to help.
EY-Parthenon energy and resources strategy consulting teams have deep expertise in new energy sources, regulatory environments and innovative technologies including state-of-the-art digitization processes. We combine this with a deep understanding of financing strategies and solid investment and capital deployment opportunities to help you optimize M&A portfolio strategies and subsequent integration plans. Our focus includes: